LAST UPDATED: November 1, 2022

Awards, rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he or she will experience a certain level of results if Institutional Capital Network Inc. (“iCapital”) is engaged, nor should it be construed as a current or past endorsement of iCapital by any of its clients.

  • Wealth & Finance International Alternative Investment Awards 2017
    • iCapital was named “Best Outsourced Alternative Investment Platform” by Wealth & Finance International as part of the publication’s 2017 Alternative Investment Awards. Wealth & Finance presents the Alternative Investment Awards annually to honor the companies and products that shape the alternative investment industry. Criteria for selection includes dedication to client service, innovation, and business success. The Wealth & Finance International Alternative Investment Awards (“WFIAIA”) recognize firms dedicated to client service, innovation and success in several categories within the alternative investment industry. They have been awarded annually since 2014 by Wealth & Finance International (“WFI”). WFIAIA receives nominations, and once a firm has been nominated and accepted its nomination, firms can supply supplemental information about their key practice area(s), services offered, business strategy and accolades. WFI’s dedicated in-house research team reviews each entry before ultimately selecting the award recipients. Nomination or receipt of a WFIAIA is not necessarily indicative of a recipient’s experience or a guarantee that the recipient firm will perform in the future as it did during the period evaluated by WFI. iCapital pays WFI a licensing fee to utilize the recognition of the award.

 

  • Private Asset Management Awards 2017
    • iCapital was named “Best Fund Product for HNW Clients” at the 2017 Private Asset Management (PAM) Awards. The Private Asset Management Awards-presented by Private Asset Management magazine-recognize excellence in the wealth management industry. For the category of Best Fund Product for HNW clients, PAM evaluates commercial success and business growth, demonstration of increase of wealth manager clients, demonstration of product innovation, and positive client feedback via submitted testimonials. The PAM Awards (“PAMA”) are awarded annually by Private Asset Management, a financial services industry publication of Pageant Media. PAMA invites firms to compete for awards in several categories by providing answers regarding their business model, services offered, growth in client count and assets managed, countries of operation, service innovation, and performance. In addition, PAMA permits firms to provide additional information of their choosing in support of their candidacy. A panel of independent industry experts selects the nominees and winners based on a number of qualitative and quantitative performance indicators. PAMA does not release statistics on the number of firms competing. Nomination or receipt of a PAMA is not necessarily indicative of any particular client’s experience or a guarantee that the firm will perform in the future as it did during the period evaluated by PAMA.

 

  • FinTech Breakthrough Awards 2019
    • iCapital was recognized in the 2019 FinTech Breakthrough Awards as the Best Banking Infrastructure Platform. The FinTech Breakthrough Awards recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including wealth management, personal finance, lending, payments, banking, investments, RegTech, and InsurTech. This year’s winning products and companies were selected from over 3,500 nominations based on their innovation, design, user-experience, and overall technological advancement. iCapital was awarded for its white label technology program, which allows the asset and wealth management industry to integrate a customized version of iCapital’s end-to-end technology solution with an existing legacy platform to help manage operations and administration of alternative investments. Award winners are selected by a panel of senior-level FinTech experts from within the financial services space, including technology startup leaders and veteran technology executives with experience in a range of information security positions and perspectives.

 

  • WealthManagement.com “Wealthies” Industry Awards 2022, 2019, 2018
    • iCapital has been honored at the 2022 WealthManagement.com Industry Awards as the leading alternative investment platform technology provider. iCapital also won the award in 2018 and 2019. The Technology Providers: Alternative Investment Platforms category honors a new or enhanced initiative that innovatively facilitates the trading, research, processing, reporting and tracking of alternative investments. WealthManagement.com received a record number of nominations this year, selecting 225 finalists in one or more of the 90 qualifying categories from nearly 1,000 entries from 350 companies. The winners, including iCapital, were selected by a panel of fourteen distinguished judges in the industry, and were announced at an award ceremony in New York City. The WealthManagement.com Industry Awards, now in its 8th year, are presented annually by WealthManagement.com, a financial advisory industry publication from Informa. Companies and organizations are invited to complete a nomination application describing an initiative within several available categories that supports advisor success. WealthManagement.com also invites nominees to provide supplemental information to support their nomination in the form of third-party testimonials and/or confidential growth, user or performance metrics. A panel of industry experts selects the finalists and winners based on qualitative and quantitative performance indicators. Nomination or receipt of a WealthManagement.com Industry Award is not necessarily indicative of any particular client’s experience or a guarantee that the firm will perform in the future as it did during the period evaluated by the Award judges.

 

  • The Financial Technology Report’s Top 50 Financial Technology CEOs of 2021
    • Nominations for this award were limited only to subscription paying members. Institutional Capital Network, Inc. pays a subscription fee to be a member.

 

  • The Financial Technology Report’s Top 25 FinTech product Executives of 2021
    • Nominations for this award were limited only to subscription paying members. Institutional Capital Network, Inc. pays a subscription fee to be a member.

 

  • BuiltIn 2021 Best Places to Work Awards 2021
    • iCapital was named in BuiltIn’s 2021 Best Places to Work Awards. Specifically, iCapital earned a spot on the Best Midsize Companies to Work for in New York City list. The annual awards include companies of all sizes, from startups to the enterprise, in the eight largest tech markets and nationally. Built In determines winners for Best Places to Work using company data about compensation, benefits, and cultural programs. To reflect the attributes candidates are searching for on Built In today, this year’s program weighted criteria more heavily, like remote opportunities and programs for diversity, equity, and inclusion. BuiltIn ranks companies algorithmically based on compensation information, benefits, and culture programs. This year, based on data showing tech professionals’ needs, the Best Places to Work algorithm added weight to companies’ commitment to DEI and remote culture. Rank is determined by combining a company’s score in each of these categories.

 

  • WealthTech 100 – Selected 2021
    • iCapital has been recognized on the WealthTech100 list as one of the world’s most innovative financial technology solution providers addressing the digital transformation challenges and opportunities faced by asset managers, private banks and financial advisors. The WealthTech100 list is produced by FinTech Global, a specialist research firm providing comprehensive data, valuable insights and powerful analytical tools for the global FinTech industry. To select this year’s list, a panel of analysts and industry experts evaluated a pool of more than 1,000 businesses to select the leading 100 companies in the WealthTech space. The finalists were awarded a place on the list for their innovative use of technology to solve a significant industry problem and to generate efficiency improvements across the investment value chain.

 

  • Forbes – One of America’s Best Startup Employers 2021, 2022
    • Forbes partnered with market research company Statista to identify the top employers from a list of over 2,500 up-and-coming American businesses. The list features companies that were founded between 2011 and 2018 and employ at least 50 people, and that were established independently, rather than being launched from an existing enterprise. To determine the list, each organization was evaluated based on three criteria: Employer reputation, based on a review of articles, blogs and social media posts pertaining to each employer, searching for specific phrases, such as “corporate culture,” “diversity,” and “employee engagement.”; Employee satisfaction evaluated from online reviews; and Growth, as examined by the organizations’ website traffic and head counts over a two-year period. The Best Startup Employers have been identified by analyzing more than 7 million datapoints. The data is gathered via a social listening campaign and extensive desk research. All data was gathered in Q4 of 2020 and 2021. In the first step of a gradual approach, organic growth and size were considered to narrow down an initial longlist of more than 10,000 companies to 2,500 companies that qualified for the in-depth analysis.

 

  • MMI/ Barron’s Industry Awards Winner – Solutions Provider of the Year 2020, 2021, 2022
    • The Solutions Provider of the Year category honors solutions providers that exemplify innovation in delivering better outcomes for financial advisors and investors. The nomination review committee selected finalists providing “needle-moving advisory-related technology and services that contribute to innovation within the investment advisory solutions industry and improve the investor and financial advisor experience.” The winners in each category were determined by a vote of MMI member firms. The MMI/Barron’s Industry Awards recognize innovation and leadership in the investment advisory solutions industry. Companies and organizations are invited to complete a nomination application describing an initiative within several available categories that supports advisor success. Nominations are reviewed and evaluated by the specially-appointed Money Management Institute (MMI) Industry Awards Steering Council and by the MMI Membership Experience Committee (MEC). The Steering Council and MEC consist of representatives from all segments of the MMI membership. At their sole discretion, the Steering Council and MEC may enlist the support of outside subject matter experts to help review the nominations. After carefully reviewing the nominations submitted, the Steering Council and MEC will determine a slate of finalists in each award category. If appropriate, in certain “open” award categories, the Steering Council and MEC may elect to propose separate slates of finalists representing Asset Managers, Wealth Managers, Solutions Providers, etc. Award winners are determined by a vote of primary contacts at each MMI member firm. Nomination or receipt of an MMI/Barron’s Industry Award is not necessarily indicative of any particular client’s experience or a guarantee that the firm will perform in the future as it did during the period evaluated by the Award judges.

 

  • Forbes Fintech 50 Award 2018, 2019, 2020, 2021
    • Inclusion in the Forbes FinTech 50 list makes no guarantee to future performance and may not be representative of a platform user’s experience. To qualify for the Fintech 50, startups must have either headquarters or substantial operations in the U.S. and be private as of the date of publication. Other criteria considered includes: Strong growth over the past year, and at a faster pace than competitors; Have a publicly live, working product; No public companies or their subsidiaries. Forbes defines fintech companies as those that apply technology to the categories of cryptocurrencies and blockchain, insurance, investing, payments, personal finance (budgeting, digital banking, consumer credit and lending, etc.), real estate, business to business lending, trading and capital markets and other business-to-business financial software. iCapital gave a series of written responses and interviews with Forbes prior to receiving the award. iCapital pays Forbes a licensing fee to utilize the logo after receiving the award.

 

  • SPi Awards 2022: Best Independent Broker-Dealer
    • iCapital Securities LLC was named Best Independent Broker-Dealer in 2022 by SPi. This award recognizes an institution with a proven track record of quality of services to the Financial Advisors community including innovation, post-sales, and education support. To be considered, each candidate had to submit a written application for the award, highlighting the firm’s performance over the twelve-month period from April 1, 2021 to March 31, 2022, alongside core data. The winner was selected after a thorough analysis of each submission by an independent jury chaired by Tiago Fernandes. Considerations included market share, as well as an ability to demonstrate growth, relative outperformance compared to other participants, and an ability to adapt to changing market conditions and client needs, including innovation.

 

The following award was earned by Axio Financial

  • SPi Awards 2021: Best Independent Broker-Dealer
    • Axio Financial LLC was named Best Independent Broker-Dealer in 2021 by SPi. This award recognizes the best wirehouse in the U.S. for structured products. The winner was selected based on its position as a leader in the sector as well as by the breadth of offering and post-sales service. To be considered, each candidate had to submit a written application for the award, highlighting the firm’s performance over the twelve-month period from July 1, 2020 to June 31, 2021.  Axio Financial LLC has purchased the license of this award.